. . . UNITED STATES OMB APPROVAL SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0582 WASHINGTON, DC 20549 Expires: March 31, 2006 Estimated average burden FORM N-PX hours per response..14.4 ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-4708 --------------------------------------------- SunAmerica Income Funds - ------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) Harborside Financial Center 3200 Plaza 5 Jersey City, NJ 07311 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Vincent Marra President AIG SunAmerica Asset Management Corp. Harborside Financial Center 3200 Plaza 5 Jersey City, NJ 07311 - ------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 800-858-8850 --------------------------- Date of fiscal year end: 03/31 ----------------------- Date of reporting period: 7/1/2006-6/30/2007 ---------------------- Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (Sections 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. Section 3507. ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-04708 Reporting Period: 07/01/2006 - 06/30/2007 SunAmerica Income Funds GNMA FUND ================================================================================ The Fund did not vote any proxies during the reporting period. ============================= HIGH YIELD BOND FUND ============================= IPCS INC. Ticker: IPCS Security ID: 44980Y305 Meeting Date: SEP 28, 2006 Meeting Type: Annual Record Date: AUG 23, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Timothy M. Yager For For Management 1.2 Elect Director Timothy G. Biltz For For Management 1.3 Elect Director Jeffrey W. Jones For For Management 1.4 Elect Director Robert A. Katz For For Management 1.5 Elect Director Ryan L. Langdon For For Management 1.6 Elect Director Richard S. Parisi For For Management 1.7 Elect Director Kevin M. Roe For For Management 2 Amend Omnibus Stock Plan For For Management 3 Amend Omnibus Stock Plan For For Management 4 Ratify Auditors For For Management - -------------------------------------------------------------------------------- IPCS INC. Ticker: IPCS Security ID: 44980Y305 Meeting Date: JUN 12, 2007 Meeting Type: Annual Record Date: MAY 7, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Timothy M. Yager For For Management 1.2 Elect Director Timothy G. Biltz For For Management 1.3 Elect Director Jeffrey W. Jones For For Management 1.4 Elect Director Ryan L. Langdon For For Management 1.5 Elect Director Kevin M. Roe For For Management 1.6 Elect Director Mikal J. Thomsen For For Management 1.7 Elect Director Eric L. Zinterhofer For For Management 2 Ratify Auditors For For Management - -------------------------------------------------------------------------------- TRICO MARINE SERVICES, INC. Ticker: TRMA Security ID: 896106200 Meeting Date: JUN 12, 2007 Meeting Type: Annual Record Date: APR 20, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Edward C. Hutcheson, Jr. For For Management 1.1 Elect Director Myles W. Scoggins For For Management 1.3 Elect Director Per Staehr For For Management 2 Ratify Auditors For For Management 3 Please Mark Box If Stock Owned or None For Management Beneficially By You is Owned or Controlled by Persons Who are Not U.S Citizens - -------------------------------------------------------------------------------- TRUSTREET PROPERTIES INC Ticker: TSY Security ID: 898404AB4 Meeting Date: FEB 16, 2007 Meeting Type: Written Consent Record Date: JAN 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1 CONSENT TO THE PROPOSED AMENDMENTS For For Management PURSUANT TO THE CONSENT SOLICITATION ============================= STRATEGIC BOND FUND ============================== IPCS INC. Ticker: IPCS Security ID: 44980Y305 Meeting Date: SEP 28, 2006 Meeting Type: Annual Record Date: AUG 23, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Timothy M. Yager For For Management 1.2 Elect Director Timothy G. Biltz For For Management 1.3 Elect Director Jeffrey W. Jones For For Management 1.4 Elect Director Robert A. Katz For For Management 1.5 Elect Director Ryan L. Langdon For For Management 1.6 Elect Director Richard S. Parisi For For Management 1.7 Elect Director Kevin M. Roe For For Management 2 Amend Omnibus Stock Plan For For Management 3 Amend Omnibus Stock Plan For For Management 4 Ratify Auditors For For Management - -------------------------------------------------------------------------------- IPCS INC. Ticker: IPCS Security ID: 44980Y305 Meeting Date: JUN 12, 2007 Meeting Type: Annual Record Date: MAY 7, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Timothy M. Yager For For Management 1.2 Elect Director Timothy G. Biltz For For Management 1.3 Elect Director Jeffrey W. Jones For For Management 1.4 Elect Director Ryan L. Langdon For For Management 1.5 Elect Director Kevin M. Roe For For Management 1.6 Elect Director Mikal J. Thomsen For For Management 1.7 Elect Director Eric L. Zinterhofer For For Management 2 Ratify Auditors For For Management - -------------------------------------------------------------------------------- TRICO MARINE SERVICES, INC. Ticker: TRMA Security ID: 896106200 Meeting Date: JUN 12, 2007 Meeting Type: Annual Record Date: APR 20, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Edward C. Hutcheson, Jr. For For Management 1.1 Elect Director Myles W. Scoggins For For Management 1.3 Elect Director Per Staehr For For Management 2 Ratify Auditors For For Management 3 Please Mark Box If Stock Owned or None For Management Beneficially By You is Owned or Controlled by Persons Who are Not U.S Citizens - -------------------------------------------------------------------------------- TRUSTREET PROPERTIES INC Ticker: TSY Security ID: 898404AB4 Meeting Date: FEB 16, 2007 Meeting Type: Written Consent Record Date: JAN 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1 CONSENT TO THE PROPOSED AMENDMENTS For For Management PURSUANT TO THE CONSENT SOLICITATION TAX EXEMPT INSURED FUND ================================================================================ The Fund did not vote any proxies during the reporting period. U.S. GOVERNMENT SECURITIES FUND ================================================================================ The Fund did not vote any proxies during the reporting period. ========== END NPX REPORT SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) SunAmerica Income Funds ------------------------------------------------------------------ By (Signature and Title)* Vincent Marra, President ------------------------------------------------------ Date 8/24/07 --------------------------------------------------------------------------- 3